Non-QM Mortgage Solutions That Scale With Your Business
Transform Your Non-QM Pipeline with Automated Precision
The Non-QM market has surged from 11% to 16% of funded mortgage volume. While others struggle with manual processes and capacity limitations, LON's intelligent platform lets you capitalize on this growth without compromise.
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Seamless Multi-Channel Support
Our platform empowers lenders to:
- Process all product types across channels with one unified login
- Leverage dynamic pricing tailored by channel
- Validate 3.4 file data automatically
- Run AUS by assigning existing credit or ordering new credit directly in the portal
Regulatory Compliance Without the Headaches
While Non-QM loans bypass QM Points and Fees tests, Reg Z originator compensation rules still apply. LON solves this with:
- Custom pricing experience supporting Borrower Paid Compensation as default
- Dollar-for-dollar buyups versus yield equivalent buyups
- Optional 4.99% Gross Revenue Cap configuration to meet your specifications
Automated Underwriting Integration
Our system works seamlessly with Desktop Underwriter and other AUS platforms:
- Efficiently parses critical credit data elements
- Identifies correct scores for accurate pricing
- Passes key data elements (FICO, DTI) to your LOS
- Dynamically reprices and updates terms automatically
Eliminate Manual Setup Bottlenecks
While "boutique processing centers" collapse under volume spikes, LON clients maintain consistent throughput:
- Originators validate terms independently
- Disclose at point-of-sale with confidence
- Underwriters focus on validation and decisions, not manual processing
- No more secondary "pricing away" due to capacity constraints
Flexible Channel Management
As TPO originators shift between Non-Delegated and Wholesale funding models, LON adapts:
- Support multiple product types by channel with a single login
- Allow users to determine channel (Non-Del vs. Wholesale) at the loan level
- Maintain competitive positioning regardless of warehouse constraints
Services we've integrated with
Loan Origination Systems
Direct integration with loan origination systems for streamlined processing.
Pricing Engines
Integration with pricing engines to provide accurate and competitive loan pricing.
Underwriting
Integration with underwriting systems to ensure efficient loan approvals.
CRM/Sales Solutions
Seamless integration with popular CRM systems to manage customer relationships.
Disclosures
Tools to ensure accurate and timely disclosure compliance.
Fees
Integration with fee management systems for accurate fee calculations.
Mortgage Insurance
Integration with mortgage insurance providers for seamless processing.
Credit
Integration with credit systems to streamline credit checks and approvals.
Appraisal
Integration with appraisal systems for efficient property valuation.
Notifications
Integration with notification systems to keep stakeholders informed.
Don't Let Manual Processes Cost You Business
While competitors keep clients waiting 4-5 days for manual file setup, LON clients close more loans with greater efficiency and fewer resources.
Ready to transform your Non-QM operations?